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What is the total stockholders' equity based on the following data?

Common Stock $360,000
Excess of Issue Price over Par 735,000
Retained Earnings (deficit) (56,000)

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Answer:

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Explanation:

Total Stockholders' equity is common stock plus excess of issue price over par plus retained earnings

($900,000 + $375,000 + $50,000 = $1,325,000)